NBA Championship Odds
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NBA Championship Odds
The odds listed below were correct when published. For current NBA betting lines, see the live odds above.
- San Antonio Spurs +260
- Oklahoma City Thunder +260
- New York Knicks +800
- Philadelphia 76ers +900
- Boston Celtics +1300
- Toronto Raptors +2000
- Minnesota Timberwolves +2000
- Detroit Pistons +2200
- Denver Nuggets +2500
- Cleveland Cavaliers +2500
- Miami Heat +3000
- Golden State Warriors +3000
- Los Angeles Lakers +3500
- Indiana Pacers +4000
- Houston Rockets +6000
- Orlando Magic +8000
- Atlanta Hawks +8000
- Portland Trail Blazers +9000
- Dallas Mavericks +10000
- Charlotte Hornets +10000
- Phoenix Suns +10000
- Washington Wizards +15000
- Los Angeles Clippers +20000
- Utah Jazz +25000
- New Orleans Pelicans +25000
- Milwaukee Bucks +50000
- Memphis Grizzlies +50000
- Brooklyn Nets +50000
- Chicago Bulls +70000
- Sacramento Kings +100000
NBA Championship Winners By Year
Year | Winner | Runner-Up |
2026 | New York Knicks | San Antonio Spurs |
2025 | Oklahoma City Thunder | Indiana Pacers |
2024 | Boston Celtics | Dallas Mavericks |
2023 | Denver Nuggets | Miami Heat |
2022 | Golden State Warriors | Boston Celtics |
2021 | Milwaukee Bucks | Phoenix Suns |
2020 | Los Angeles Lakers | Miami Heat |
2019 | Toronto Raptors | Golden State Warriors |
2018 | Golden State Warriors | Cleveland Cavaliers |
2017 | Golden State Warriors | Cleveland Cavaliers |
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Favorites to Win the NBA Championship in 2026
NBA Championship odds change throughout the season, but some of the preseason favorites to win the championship include the San Antonio Spurs, Oklahoma City Thunder, and New York Knicks. The Philadelphia 76ers, Boston Celtics, and Toronto Raptors are also towards the top of the preseason board.
The Knicks won the NBA Championship in 2025, with the Spurs finishing as runners-up. Oklahoma, Boston, and Denver have all won the NBA Championship in recent seasons, and there has been a different champion in each of the past eight seasons. Live NBA Championship winner odds are available above.
What are NBA Championship Odds?
NBA Championship odds show each team's chances of winning the NBA Championship, with odds available throughout the season at Fanatics Sportsbook. Bettors can use the latest NBA Championship odds to see the contenders in the race to win the championship in 2026. There are 30 teams competing to win the NBA Championship, including the Spurs, Thunder, Knicks, and 76ers.
NBA Championship futures odds are available well before the regular season begins and can shift considerably as the season progresses. Team performance, injuries, roster changes, trades and playoff positioning can all influence the NBA Championship betting odds.
How to Read NBA Championship Odds
NBA Championship odds are typically displayed using American odds. A team listed at +600, for example, would return $600 in profit on a winning $100 bet, plus the original $100 stake. A longshot at +3000 would return $3,000 in profit on the same $100 wager.
Lower positive odds generally indicate that the sportsbook views a team as more likely to win the NBA Championship. As expectations change throughout the NBA season, each team's odds can move accordingly.
How to Bet on NBA Championship Odds
To bet on the NBA Championship winner at Fanatics Sportsbook, navigate to the NBA futures markets and select the team you think will win the championship. Add the selection to your bet slip, enter your wager amount and review the potential payout before placing the bet.
NBA Championship winner odds can change throughout the season, so the odds available when a wager is placed may differ from those offered later in the year.
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